Assent Secured Credit Card Review

Prepare to take a confident step towards building a stronger financial future with the Assent Secured Credit Card! 

The Assent Secured Credit Card offers a straightforward and secure pathway to credit, especially if you’re new to credit or have faced past challenges. With its emphasis on responsible usage and consistent reporting, this card is committed to helping you prove your creditworthiness. 

Get ready to experience the satisfaction of having a reliable credit card in your wallet that genuinely supports your journey to financial health!

CREDIT CARD

Assent Secured

No Annual Fee, Ever Reports to All 3 Credit Bureaus

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Here are some of the fantastic benefits of the Assent Secured Credit Card:

1. Specifically Designed for Credit Building: Imagine the relief of finding a credit card tailored precisely for your needs! The Assent Secured Credit Card is purpose-built to help individuals with limited or damaged credit establish a positive payment history. I

2. Flexible Security Deposit Determines Your Credit Limit: You’re in control of your spending power from day one! Your credit limit on the Assent Secured Credit Card is directly tied to the refundable security deposit you provide. 

3. Reports to All Three Major Credit Bureaus: Feel the impact of every responsible payment actively working for you! The Assent Secured Credit Card reports your payment activity to all three major credit bureaus – TransUnion, Experian, and Equifax. 

4. Mastercard Acceptance Worldwide: Experience the immense convenience and universal acceptance of a Mastercard! The Assent Secured Credit Card is accepted at millions of merchant locations and ATMs globally, just like any other Mastercard credit card.

5. Simple Online Application Process: Say goodbye to complicated paperwork and lengthy waiting times! The Assent Secured Credit Card typically offers a straightforward online application process that can often lead to a quick decision. 

6. No Application Fee: Get started on your credit-building journey without any upfront costs just to apply! The Assent Secured Credit Card often boasts no application fee, meaning you can submit your details and get a decision without having to pay anything upfront. 

7. Designed for Second Chances: If you’ve faced financial setbacks or have a less-than-perfect credit history, this card is built to offer you a valuable second chance. It provides a structured and supportive environment to prove your creditworthiness, showing future lenders that you are a reliable borrower who can manage credit responsibly. 

Who Can Apply?

The Assent Secured Credit Card is specifically designed for individuals who are looking to establish or rebuild their credit. While eligibility is assessed on a case-by-case basis, general criteria often include:

• Credit History: The card targets individuals with poor, fair, or limited credit history. This includes those with no credit history, past bankruptcies, or other negative marks on their credit report.
• Age: You must be at least the age of majority in your province or territory of residence. In Canada, this is typically 18 or 19 years old, depending on the province/territory (e.g., 18 in Ontario, 19 in British Columbia).
• Residency: You must be a Canadian resident.
• Income: You must have a verifiable source of income to demonstrate your ability to make the minimum monthly payments.
• Security Deposit: You must be able to provide a refundable security deposit (typically between $200 and $2,500), which will become your credit limit. This deposit must be funded from an eligible source.
• Canadian Bank Account: A Canadian bank account is typically required for funding the deposit and for making payments.

How to Apply?

Applying for the Assent Secured Credit Card is a straightforward online process. Here’s a general list of steps:

1. Visit the Official Assent Card Website: Go directly to the application page for the Assent Secured Credit Card.
2. Start the Online Application: Look for the “Apply Now” or “Get Started” button.
3. Provide Personal Information: You will be prompted to fill out a secure online form with your personal details, which usually includes:
   • Full Legal Name
   • Home Address
   • Date of Birth
   • Phone Number and Email Address
   • Social Insurance Number (SIN) (optional, but often recommended for faster processing and identity verification)
   • Canadian residency status
4. Provide Financial Information: You’ll need to input details about your employment status and annual gross income.
5. Specify Security Deposit Amount: Indicate the amount you wish to provide as your security deposit, which will serve as your credit limit.
6. Review and Consent: Carefully review all the information you’ve entered for accuracy and consent to the terms and conditions, including the credit check (which will be a soft inquiry for pre-qualification, but a hard inquiry upon full application acceptance).
7. Submit Application: Submit your completed application.
8. Receive a Decision and Fund Deposit: You may receive a quick decision. If approved, you will then be instructed on how to fund your refundable security deposit.

Frequently Asked Questions

Is there an annual fee for the Assent Secured Credit Card?

Yes, the Assent Secured Credit Card typically has an annual fee. It’s crucial to review the specific terms and conditions provided during the application process for the exact fee amount.

What is the minimum and maximum security deposit required?

The minimum security deposit is typically $200, and it can go up to $2,500. Your deposit amount will determine your credit limit.

Does this card offer a rewards program?

No, the Assent Secured Credit Card does not offer a rewards program (e.g., cash back, points, or miles). Its main benefit is credit building.

CREDIT CARD

Assent Secured

No Annual Fee, Ever Reports to All 3 Credit Bureaus

APPLY NOW You will be redirected